1. Limited production capacity - Select Sands Corp has a relatively small production capacity compared to its peers, which limits its ability to meet the growing demand for industrial sand.
2. Dependence on a single product - The company's revenue is heavily dependent on the sale of industrial sand, which makes it vulnerable to fluctuations in demand and prices.
3. Limited geographic reach - Select Sands Corp operates only in the United States and Canada, which limits its ability to tap into international markets and diversify its revenue streams.
4. Reliance on a few customers - The company's revenue is heavily dependent on a few key customers, which increases the risk of revenue loss if these customers reduce their orders or switch to competitors.
5. High operating costs - Select Sands Corp's operating costs are relatively high compared to its peers, which reduces its profitability and makes it less competitive in the market.
6. Limited financial resources - The company has limited financial resources, which limits its ability to invest in new technologies and expand its operations.
7. Lack of brand recognition - Select Sands Corp is a relatively unknown brand in the industrial sand market, which makes it difficult to compete with established players who have strong brand recognition and customer loyalty.
